The Curve Ball
By Jim Parker
DFA Australia Limited
"There’s a school of thought that says the best way to manage a fixed income portfolio is to base your investment decisions on where you think interest rates are headed.
But what if expectations are changing all the time?"
To read more: Open PDF: The Curve Ball....
Down To The Wire - CAPE Fear: Valuation Ratios and Market Timing
By Weston Wellington
Dimensional Fund Advisors
"As broad market indices such as the S&P 500 have set new record highs in recent weeks, many investors have become apprehensive. They fear another major decline is likely to occur and are eager to find strategies
that promise to avoid the pain of an extended downturn while preserving the opportunity to profit in...
As Valentine’s Day nears, it seems like as good a time as any to cover the frequently asked question about whether gold has an appropriate place in your investment portfolio. We’ve got nothing against your considering the tasteful gift of gold for your sweetheart this time of year, but when it comes to your or your loved ones’ life savings, we advise you to avoid all that glitters.
In his article,...
In our last two blog posts, we provided some of the key building blocks that make for a solid fixed-income foundation. First, we described the stabilizing role that fixed income typically plays in your portfolio. Next, we discussed why we advise against trading in reaction to current bond market conditions (including the existing climate) rather than according to your own investment goals. Today, we’re going to explore the strategy to...